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No longer the products of science fiction fantasy, electric cars are now a reality of everyday life. While the reduced emissions of personal electric vehicles, or PEVs, are good news for the environment, their charging requirements may create challenges for condo associations trying to navigate their infrastructure requirements, legal implications, management concerns and even aesthetic considerations.

FirstService Residential is expected to deliver up to $10K in monthly electricity cost savings to buildings subscribed to a local Community Distributed Generation Program.

Homeownership comes with a myriad of benefits, but it also brings a set of responsibilities, particularly when you are part of a Homeowners Association (HOA). The board of directors for the association maintains the integrity and value of a community by establishing HOA regulations that protect resident’s investment as a homeowner.

Multifamily building owners are now considering how to cater to legacy short-term renters, as well as forever tenants. This includes the provision of relevant and enticing amenities, expanded services, and rethinking concessions to maximize their revenue potential.